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I G Petrochemicals Share Price Target 2024, 2025, 2026 to 2039 With Charts
I G Petrochemicals Limited | |||
Symbol: IGPL | |||
Price: ₹523.45 | |||
Exchange: NSE | |||
Basic Materials -> Chemicals |
Show Table of Contents
Table of Contents
- 1: I G Petrochemicals Brief Company Overview
- 1.1: Company Overview: I.G. Petrochemicals Limited
- 1.2: I G Petrochemicals Financial Performance
- 1.2.1: Is I G Petrochemicals A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: I G Petrochemicals Share Price Target For 2024
- 2.1.1: I G Petrochemicals Share Price Target Table For 2024
- 2.1.2: Summary: I G Petrochemicals Share Price Prediction For 2024
- 2.2: I G Petrochemicals Share Price Target For 2025
- 2.2.1: I G Petrochemicals Share Price Target Table For 2025
- 2.2.2: Summary: I G Petrochemicals Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: I G Petrochemicals Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: I G Petrochemicals Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: I G Petrochemicals Past Performance
I G Petrochemicals Brief Company Overview
Company Overview: I.G. Petrochemicals Limited
I.G. Petrochemicals Limited is a Mumbai-based manufacturer and supplier of organic chemicals. Incorporated in 1988, the company has a strong presence in both domestic and international markets.
Their diverse product range includes:
- Phthalic Anhydride: For plasticizers, resins, and pigments
- Maleic Anhydride: For spandex, resins, and detergents
- Benzoic Acid: For perfumes, dyes, and preservatives
- Advanced Plasticizers: For incense sticks, perfumes, and packaging
With a proven track record in the industry, I.G. Petrochemicals is committed to delivering high-quality products and services to its customers worldwide.
I G Petrochemicals Financial Performance
Metric | Value | Description |
---|---|---|
Market Capital | 1,814.27 Crore | Market valuation of I G Petrochemicals's shares. |
Revenue (TTM) | 2,159.48 Crore | Total revenue generated by I G Petrochemicals over the past twelve months. |
Net Income (TTM) | +38.89 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
Operating Margin | 7.78% | Income from operations as a percentage of revenue, before taxes and interest. |
Profit Margin | 1.8% | Net income as a percentage of revenue, after all expenses. |
Revenue Growth (Quarterly) | +5.4% | Change in revenue compared to the previous quarter. |
Earnings Growth (YOY Quarterly) | -1.71% | Change in earnings compared to the same quarter last year. |
Debt-to-Equity (D/E) Ratio | 29.49 | Company's total debt divided by total shareholder equity. |
Total Debt | 367.7 Crore | Sum of I G Petrochemicals's current & long-term financial obligations. |
Total Cash | 272.19 Crore | Total amount of liquid funds available to I G Petrochemicals. |
Beta | 1.04 | Beta is greater than 1 indicating that the I G Petrochemicals's price is more volatile than the market. |
Is I G Petrochemicals A Good Buy For Long Term?
IG Petrochemicals, a small-cap stock with a market capitalization of ₹1,655.83 crore, presents a mixed picture for long-term investors. While its 3-year and 5-year returns are positive (27% and 28.96% respectively), the recent performance shows a decline (-13.26% in the last 3 months). A low profit margin of 1.8% coupled with significant debt (₹367.7 crore) against a cash balance of ₹272.19 crore raises concerns. Although its YTD return is positive (14.71%), a more thorough fundamental analysis is needed before considering it a long-term buy. It's currently rated as an average buy, pending further investigation.
To predict the I G Petrochemicals's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
I G Petrochemicals Share Price Target For 2024
The line chart displays the monthly closing prices of I G Petrochemicals with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for I G Petrochemicals shares in 2024, see the table below.
I G Petrochemicals Share Price Target Table For 2024
I G Petrochemicals's Levels | Value | Reason/Importance |
---|---|---|
2024 Target 3 | 539.10 (+2.98%) | Technical Indicator: MA250 |
2024 Target 2 | 532.73 (+1.77%) | Custom Fibonacci Extension Lvl 64.9% |
2024 Target 1 | 526.82 (+0.64%) | Custom Fibonacci Extension Lvl 23.6% |
Current Price | 523.45 | I G Petrochemicals's 1 share price as of Thu 21 Nov 2024 |
Stop Loss 1 | 522.41 (-0.2%) | Price Action: Chart |
Stop Loss 2 | 516.17 (-1.4%) | Fibonacci Retracement Extended 28.2% |
Stop Loss 3 | 508.39 (-2.88%) | Fibonacci Retracement Extended 82.6% |
Summary: I G Petrochemicals Share Price Prediction For 2024
In summary, I G Petrochemicals has surged by ₹55.05, achieving a notable +11.75% increase from 1st January 2024 to 21 Nov 2024. Our analysis of I G Petrochemicals for 2024 predicts an additional rise of 0.64% to 2.98% by the end of 2024 with three potential targets T1: 526.82, T2: 532.73, T3: 539.10. Stop Loss at SL1: 522.41, SL2: 516.17, SL3: 508.39.
I G Petrochemicals has a 52-week high of ₹727.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹402.50, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for I G Petrochemicals.
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I G Petrochemicals Share Price Target For 2025
The line chart displays the monthly closing prices of I G Petrochemicals with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for I G Petrochemicals shares in 2025, see the table below.
I G Petrochemicals Share Price Target Table For 2025
I G Petrochemicals's Levels | Value | Reason/Importance |
---|---|---|
2025 Target 3 | 726.05 (+38.7%) | Price Action: Chart |
2025 Target 2 | 712.51 (+36.11%) | Price Action: Chart |
2025 Target 1 | 705.46 (+34.77%) | Custom Fibonacci Extension Lvl 64.9% |
Current Price | 523.45 | I G Petrochemicals's 1 share price as of Thu 21 Nov 2024 |
Stop Loss 1 | 479.25 (-8.45%) | Price Action: Sep 2023 Low |
Stop Loss 2 | 470.30 (-10.16%) | Price Action: Jun 2018 Low |
Stop Loss 3 | 459.20 (-12.28%) | Price Action: Nov 2020 High |
Summary: I G Petrochemicals Share Price Prediction For 2025
In summary, I G Petrochemicals has surged by ₹55.05, achieving a notable +11.75% increase from 1st January 2024 to 21 Nov 2024. Our analysis of I G Petrochemicals for 2025 predicts an additional rise of 34.77% to 38.7% by the end of 2025 with three potential targets T1: 705.46, T2: 712.51, T3: 726.05. Stop Loss at SL1: 479.25, SL2: 470.30, SL3: 459.20.
I G Petrochemicals has a All-Time high of ₹1018.59, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹402.50, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for I G Petrochemicals, we have created a specific page for that check here: I G Petrochemicals Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
I G Petrochemicals Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of I G Petrochemicals share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 11.37% over the next 15 years.
For complete year by year I G Petrochemicals long term share price target from 2024, 2025 to 2039 check the below table.
I G Petrochemicals Share Price Target Table From 2024, 2025, 2026 to 2039
Year | I G Petrochemicals Target | YoY Change % |
---|---|---|
2024 | ₹523.45 | [Current Price] |
2024 | ₹639.45 | 22.16% |
2025 | ₹762.12 | 19.18% |
2026 | ₹1,003.4 | 31.65% |
2027 | ₹1,296.09 | 29.17% |
2028 | ₹1,344.21 | 3.71% |
2029 | ₹1,433.95 | 6.67% |
2030 | ₹1,520.56 | 6.03% |
2031 | ₹1,836.19 | 20.75% |
2032 | ₹2,218.67 | 20.83% |
2033 | ₹2,181.81 | -1.67% |
2034 | ₹2,228.44 | 2.13% |
2035 | ₹2,278.98 | 2.26% |
2036 | ₹2,668.99 | 17.11% |
2037 | ₹3,141.27 | 17.69% |
2038 | ₹3,019.41 | -3.88% |
2039 | ₹2,886.18 | -4.42% |
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I G Petrochemicals Past Performance
- In 1993, I G Petrochemicals opening price was ₹11
- As of Thu 21 Nov 2024 the price stands at ₹523.45.
- This represents a Compound Annual Growth Rate (CAGR) of 12.83%.
- In 31 years, an investment of 10,000 would have become ₹4.75 Lakh.
As we wrap up, we hope you like our study on I G Petrochemicals share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- I G Petrochemicals Share Price History
- I G Petrochemicals Price Target Tomorrow
- I G Petrochemicals Dividend History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.